Share to Twitter Share to Linkedin Ryan Brennan, Managing Director, Advantage Capital . As the post-pandemic economy navigates its ongoing downturn, the road to financial well-being and realizing wealth creation begins with a concerted effort around growing local small businesses. Entrepreneurs and business owners help create the jobs required to uplift areas in need of more economic opportunity. But those overlooked and underserved areas also require access to capital to produce the positive impact that can course-correct a lackluster economy. The impact of accessible capital doesn’t stop at the storefront —it can have a ripple effect of strengthening surrounding communities. The Business Opportunity In Rural And Economically Challenged Urban Areas For undercapitalized parts of the country—the regions where, all too often, lenders and investors have been less likely to support small businesses—a double-bottom line approach to investing may be … [Read more...] about How Incentives Help Ensure Investments Reach The Right Areas
Small business state taxes
US emerges as India’s top destination for goods exports during April-December 2022
(Representative image) The US has emerged as India's top destination for merchandise exports during April-December this fiscal at USD 59.7 billion, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Commerce and Industry Minister Piyush Goyal said the government has taken a series of measures to promote the country's exports. The steps include an extension of existing foreign trade policy till March 31; an extension of interest equalisation (subsidy) scheme on pre and post-shipment rupee export credit till March 31 next year; and a roll-out of Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. According to the data provided by the minister in his reply, the US was followed by UAE (USD 23.31 billion); Netherlands (USD 14.1 billion); China (USD 11 billion); Singapore and Bangladesh (about USD 9 billion each). In reply to a question on startups, Minister of State for Commerce and Industry Som Parkash said that Startup India Seed Fund … [Read more...] about US emerges as India’s top destination for goods exports during April-December 2022
Pension Income Bolstered A Struggling COVID-19 Economy
Share to Twitter Share to Linkedin We’re fast approaching the three year mark of COVID-19 shutdowns in 2020 that reverberated through the United States and global economies. According to the International Monetary Fund (IMF), median global GDP dropped by 3.9% from 2019 to 2020, making it the worst economic downturn since the Great Depression. All too well we remember that in the U.S., millions of workers were displaced from their jobs, resulting in anxiety, fear, and record-shattering unemployment insurance applications. Consumer and retail activity contracted sharply, with many businesses forced to close. Despite chronic political acrimony, there was quick bipartisan Congressional action that helped alleviate the economic fallout for families and provided economic stimulus. And while the global economy has somewhat stabilized, recovery has been uneven and inflation has been a lingering and painful economic aftereffect. During this unprecedented global … [Read more...] about Pension Income Bolstered A Struggling COVID-19 Economy